"The proposal to use the act came up during a recent meeting between President Donald Trump and nearly a dozen U.S. refiners, where White..."

US diesel prices surpass $5 amid supply disruptions. Crude oil reaching a new all-time high by December 31 at 13.5% YES.

US diesel futures hit $5.03 per gallon, the highest since April 2022, as geopolitical conflicts and record-low inventories squeeze global supply.

The price of diesel hit a nationwide average of $6 per gallon for the first time in U.S. history on Friday.